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Owner Occupant Sales Allowance Discontinued for Illinois

April 29th, 2009

Effective May 1, 2009, HUD will discontinue the Owner Occupant Sales Allowance for all Illinois properties. The $500 Sales Allowance will not apply to any sale in Illinois with an accepted bid both on and after the effective date.

The $500 Owner Occupant Sales Allowance is still in effect for Indiana properties only.

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